2395 Palm DrFlorissantMO63031
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Florissant at 2395 Palm Dr, Florissant, MO, 63031 uses $69,615 cash to close to unlock $9,516/yr annual cash flow and $793/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $1,028/mo payment keeps the spread at $793/mo. Purchase price stands at $210,000, and rental yield measures 12.01% with $2,101/mo rent. Return on cash invested shows 33.58% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 176.19% and total cumulative return in cash records $122,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Multi Family
Built in 1964
8,394 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63031, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,080 (100%) |
| Owner Occupied HU | 13,094 (65.2%) |
| Renter Occupied HU | 5,830 (29.0%) |
| Vacant Housing Units | 1,156 ( 5.8%) |
| Median Home Value | $168,493 |
| Average Home Value | $236,991 |
Housing Distribution
Address Breakdown
Residential
18,929
Single Family
17,115
Multi-Family
1,814
Businesses
794
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Listed by: Nate A Coleman • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25046029